Central Carolina Bank and Trust Company in Durham, North Carolina (NC)
Overview, Financial Summary, Detailed Financial Reports, Branches

This bank is inactive as of December 31, 2001

  • Central Carolina Bank and Trust Company in Durham, North Carolina (NC)
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Central Carolina Bank and Trust Company - Overview

  • General
  • FDIC Certificate #: 2033
    Status: Inactive
    Closing history: Merger - Without Assistance
    Acquiring institution: National Bank of Commerce (#4978)
    Federal Reserve ID: 541923
    Date Established: January 01, 1903
    Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC
    Offices: 241 (Interstate: No)
    OTS Docket #: 9475
    FDIC's unique #: 1349
    Numeric code: 21
    Regulator: FDIC
    Insurance Fund Membership: Bank Insurance Fund (BIF)
    Bank Insurance Fund: Yes
    Insured commercial Banks: Yes
    FDIC Insured: Yes
    Oakar Institutions: Yes
    State Chartered: Yes
    Date of Deposit Insurance: January 01, 1934
    Last Structure Change Effective Date: December 31, 2001
    Last Structure Change Process Date: Febuary 05, 2002
    Last Data Update: Febuary 05, 2002
    Data Source Date: April 05, 2012
  • Location
  • Address: 111 Corcoran Street, Durham, NC 27702
    County: Durham
    Quarterly Banking Profile Region: Atlanta
    FDIC Geographic Region: Atlanta
    FDIC Supervisory Region: Dallas
    FDIC Field Office: Raleigh
    Office of the Comptroller the Currency (OCC) District: Northeast
    Office of Thrift Supervision Region: Southeast
    Metropolitan Statistical Area (MSA): Raleigh-Durham-Chapel Hill, NC (#6640)
    Combined Statistical Area (CSA): Raleigh-Durham-Cary, NC (#450)
    Core Based Statistical Area (CBSA): Durham-Chapel Hill, NC (#20500)
    CBSA Metro Statistical Area: Durham-Chapel Hill, NC (#20500)
  • Financial Summary
  • Total assets: $10,783.5 mil

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2000)

  • Dollar figures in thousands
  • 2,709Total employees (full-time equivalent)
  • $10,370,765Total assets
  • $279,071Cash and due from depository institutions
  • $28,669Interest-bearing balances
  • $1,827,100Securities
  • $0Federal funds sold & reverse repurchase agreements
  • $6,840,193Net loans & leases
  • $86,946Loan loss allowance
  • $0Trading account assets
  • $162,555Bank premises and fixed assets
  • $5,639Other real estate owned
  • $1,080,747Goodwill and other intangibles
  • $0Life insurance assets
  • $175,460All other assets
  • $10,370,765Total liabilities and capital
  • $8,602,555Total liabilities
  • $7,248,992Total deposits
  • $6,378,923Interest-bearing deposits
  • $7,248,992Deposits held in domestic offices
  • 0.00%% insured (estimated)
  • $451,272Federal funds purchased & repurchase agreements
  • $0Trading liabilities
  • $711,756Other borrowed funds
  • $0Subordinated debt
  • $190,535All other liabilities
  • $1,768,210Total equity capital
  • $1,768,210Total bank equity capital
  • $1,768,210Perpetual preferred stock
  • $0Common stock
  • $24,694Surplus
  • $1,262,468Undivided profits
  • Memoranda
  • $481,048Noncurrent loans and leases
  • $1,690,338Noncurrent loans that are wholly or partially guaranteed by the U.S. government
  • $0Income earned, not collected on loans
  • $23,366Earning assets
  • $0Long-term assets (5+ years)
  • $53,066Average Assets, year-to-date
  • $8,695,962Average Assets, quarterly
  • $2,884,509Volatile liabilities
  • $9,004,867Insider loans
  • $9,671,151FHLB advances
  • $1,741,982Loans and leases held for sale
  • $3,815Unused loan commitments
  • $0Tier 1 (core) risk-based capital
  • $100,000Tier 2 risk-based capital
  • $0Total risk weighted assets
  • $1,690,338Total unused commitments
  • $2,232Restructured Loans and leases
  • $86,946Derivatives

Income and Expense (December 31, 2000)

  • Dollar figures in thousands
  • $698,275Total interest income
  • $354,857Total interest expense
  • $343,418Net interest income
  • $12,307Provision for loan and lease losses
  • $116,406Total noninterest income
  • $15,531Fiduciary activities
  • $69,299Service charges on deposit accounts
  • $0Trading account gains & fees
  • $31,576Additional noninterest income
  • $328,181Total noninterest expense
  • $119,304Salaries and employee benefits
  • $38,447Premises and equipment expense
  • $170,430Additional noninterest expense
  • $119,336Pre-tax net operating income
  • $6,021Securities gains (losses)
  • $49,221Applicable income taxes
  • $76,136Income before extraordinary items
  • $0Extraordinary gains - net
  • $76,136Net income attributable to bank
  • $0Net charge-offs
  • $0Cash dividends
  • $6,543Sale, conversion, retirement of capital stock, net
  • $92,300Net operating income

Performance and Condition Ratios (December 31, 2000)

  • Dollar figures in thousands
  • Performance Ratios (%, annualized)
  • 8.53%Yield on earning assets
  • 4.34%Cost of funding earning assets
  • 4.20%Net interest margin
  • 1.42%Noninterest income to earning assets
  • 4.01%Noninterest expense to earning assets
  • 0.80%Net operating income to assets
  • 0.85%Return on assets (ROA)
  • 1.39%Pretax return on assets
  • 8.18%Return on equity (ROE)
  • -1.74%Retained earnings to average equity (YTD only)
  • 0.10%Net charge-offs to loans
  • 188.09%Credit loss provision to net charge-offs
  • 20.12%Efficiency ratio
  • 60,039Assets per employee
  • 3.83%Cash dividends to net income (YTD only)
  • Condition Ratios (%)
  • 121.23%Loss allowance to loans
  • 1.26%Loss allowance to noncurrent loans
  • 372.10%Noncurrent assets plus other real estate owned to assets
  • 0.28%Noncurrent loans to loans
  • 0.34%Net loans and leases to deposits
  • 94.36%Net loans and leases to core deposits
  • 109.81%Equity capital to assets
  • 17.05%Core capital (leverage) ratio
  • 7.29%Tier 1 risk-based capital ratio
  • 9.07%Total risk-based capital ratio
  • Memoranda
  • $10Average assets
  • $9,004,867Average earning assets
  • $930,480Average equity
  • $8,182,388Average loans

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